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  • Politics
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  • inflation

An aerial photograph of a part of Cairo showing the historic Amr ibn al-Aas Mosque in the city of Fustat (right), the Coptic Cairo area and the Nile Island, and Giza appears. April 28, 2023 AFP

Why buying real estate to safeguard savings is hurting Egypt's economy

As inflation soars and the currency plunges, property looks like a sound investment to Egyptians seeking to secure their savings. But this opens the economy up to more danger. Al Majalla explains.

Marcelle Nasr 03 September 2023
As the country battles inflation and the devaluation of the lira, can Erdogan pull off a miracle and get the economy back on track, as promised? Luca D'Urbino

Turkey in the throes of strong economic headwinds

As the country battles inflation and the devaluation of the lira, can Erdogan pull off a miracle and get the economy back on track, as promised?

Khaled Kassar 29 May 2023
Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar. Jamie Wignall

Egypt’s deal with the IMF comes with dramatic consequences for the economy

Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar.

Marcelle Nasr 13 February 2023
A pump jack of Wintershall DEA is pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer

Oil Rises On China Demand Hopes, U.S. Inflation in Focus

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top…

12 January 2023
India's Chemicals and Fertilizers Minister Mansukh Mandaviya, who is also Union Minister of Health and Family Welfare, gestures during his interview with Reuters at his office in New Delhi, India, July 15, 2022. REUTERS/Anushree Fadnavis

India Urges Global Companies to Help Build Fertiliser Storage

India, a leading importer of fertilisers, is seeking investment from global companies as the nation works to build storage for the crop nutrients, fertiliser minister Mansukh Mandaviya said on…

07 December 2022
A customer shops organic products at the Bio foods in a Lidl supermarket in Gattieres near Nice, France, December 2, 2022. REUTERS/Eric Gaillard/File Photo

Factbox: How Governments Are Trying To Ease Inflation Pain

Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities, and necessities. Here's how governments are…

05 December 2022
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won

Dollar Steadies After Recent Falls, Gains on Pound and Yen

The pound and Japanese yen edged off multi-month highs against the dollar on Monday as traders, investors and analysts started to speculate whether the greenback's recent bout of weakness was coming…

05 December 2022
A woman in a protective mask is seen at Andreas Grocery store after it received a delivery of fresh fruit and vegetables, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain, March 20, 2020. REUTERS/Dylan Martinez

UK Public Sector Pay Won't Keep Up With Inflation: Transport Minister

British public-sector pay will not be able to keep up with soaring inflation, transport minister Mark Harper said on Sunday, as the country faces a wave of industrial disputes. Industrial action…

27 November 2022
Election workers make a final preparation at a polling station during Malaysia's 15th general election, in Bera, Pahang, Malaysia November 19, 2022. REUTERS/Lai Seng Sin

Malaysia Votes in General Election, Anwar Seen Leading Tight Race

Malaysians were voting on Saturday in a general election that may fail to end the recent phase of political instability in the Southeast Asian nation as polls have predicted no clear winner. The…

19 November 2022
People stroll at Mahmutpasa street, a middle-class shopping area, in Istanbul, Turkey May 6, 2022. REUTERS/Murad Sezer

Turkey's Inflation Hits 24-Year High of 85.5% After Rate Cuts

Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging…

03 November 2022
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Pete Reynolds
Politics

Rivalry in the Horn of Africa

31 January 2026

Is the Red Sea moving toward an ordered space governed by capable states or toward a grey zone edging toward disorder? Read our February cover story to find out.

Al Majalla - London
Opinion

Why Saudi Arabia is against escalation with Iran

05 February 2026

Its position reflects a political outlook grounded in strategic foresight and a steadfast commitment to national interest

Saud Al-Masaud
Ambulances wait in line at the Egyptian side of the Rafah border crossing with the Palestinian Gaza Strip, in northeastern Egypt on the first day of the evacuation of some 50 Palestinian, at the Rafah crossing on 2 February 2026. AFP
Politics

The Rafah crossing is open, but so is the battle for Gaza

03 February 2026

Israel wants Palestinians to leave the Strip as part of its 'depopulation and resettlement' strategy, but Egypt is fighting to give them the option to return to their homeland

Amr Emam
Eduardo Ramon
Business & Economy

The return of Al-Jazira and the question of Syria’s economic renewal

27 January 2026

As Raqqa, Deir ez-Zor, and Al-Hasakah return to state authority, this resource-rich region re-emerges as a cornerstone of economic recovery

Hussein al-Sharaa
Culture & Social Affairs

Palestine 36 recalls the sordid history behind Israel's creation

03 February 2026

Annemarie Jacir crafts a human drama that strikes unerringly at its political themes, showing how today's events are directly linked to the events of 90 years ago

Samer Abou Hawwach

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OPINIONS

The Latakia makeup ban is a bad omen for Syria

Haid Haid
Haid Haid

A global economy in the throes of transformation and uncertainty 

Amer Ziab Al-Tamimi
Amer Ziab Al-Tamimi

Why the ‘unreliable allies’ narrative doesn't track in Africa

Sergey Eledinov
Sergey Eledinov

Is Jeff Bezos defanging the Washington Post?

Con Coughlin
Con Coughlin
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